You should view once about this trade

$SOL – BEARISH CONTINUATION SETUP ON DAILY TIMEFRAME

SOL
SOL
83.82
-1.78%

SOLUSDT is trading below the 7, 25, and 99 daily moving averages, confirming strong higher-timeframe bearish control. The recent structure shows a clear lower high followed by an aggressive breakdown toward the 67.50 zone. Price is currently consolidating after a sharp selloff, forming a weak relief bounce beneath dynamic MA resistance.

The 7 MA remains below the 25 MA, and both are sloping downward, indicating sustained downside momentum. The 99 MA overhead acts as a macro trend resistance, reinforcing bearish bias unless reclaimed with strong volume.

Market Structure:

• Lower highs and lower lows intact

• Rejection from mid-range resistance

• Weak consolidation after impulsive drop

Bias: Bearish

SHORT SETUP

Entry Zone: Breakdown below recent consolidation support / rejection from 25 MA zone

Stop Loss: Above recent lower high and 25 MA dynamic resistance

Targets:

TP1: Previous swing low zone

TP2: Major support near 67.50

TP3: Extended downside toward next structural support below 67.50

Alternative Scenario:

If price reclaims and closes strongly above the 25 MA with volume, bearish setup becomes invalid and structure shifts to neutral.

RISK MANAGEMENT

Risk only 1–2% of total capital per trade.

Always maintain minimum 1:2 risk-reward ratio.

Avoid over-leveraging in high volatility conditions.

Trail stop after TP1 to secure partial profits.

#SOLUSDT #CryptoTrading #TechnicalAnalysis #PriceAction #SwingTrading